Fed Sticks to 'Patient' Tack on Rate Increases--3rd Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Jon Hilsenrath The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer. Economic activity ...

China Shares Lead Asian Markets Lower

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

Chinese stocks fell the most in Asia on Thursday in response to fresh worries over restrictions on lending by local brokerages, while the rest of the region reacted to expectations that the U.S. Federal Reserve will remain patient in raising ...

Thailand's December Industrial Production Weakens at Slower Pace

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Nopparat Chaichalearmmongkol BANGKOK--Thailand's industrial production continued to weaken in December, albeit at a much slower rate, partly due to an increase in exports of industrial goods, according to the monthly report from the Industry Ministry. Thailand's December manufacturing production ...

German Unemployment Fell in January

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Emese Bartha FRANKFURT--German unemployment fell in January in line with expectations, the country's labor office said Thursday, suggesting that consumer spending should bolster activity in Europe's largest economy. The number of unemployed fell by 9,000 in January after seasonal ...

China PBOC to Inject Net $8.8 Billion This Week

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

SHANGHAI--China's central bank is injecting 55 billion yuan ($8.8 billion) into the banking system this week to meet rising cash demand ahead of the Lunar New Year holiday. The People's Bank of China is offering CNY45 billion of 28-day reverse ...

German Unemployment Hits Lowest Level Since Reunification -- Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Emese Bartha and Paul Hannon German unemployment fell to its lowest rate since reunification more than two decades ago, the country's labor office said on Thursday, suggesting Europe's largest economy is well placed to benefit from lower oil prices ...

Ukraine Foreign Minister Warns of New Spiral of Violence

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Naftali Bendavid BRUSSELS--The violence in Ukraine risks spiraling further, the country's foreign minister said Thursday, as European Union foreign ministers meeting in Brussels appeared unlikely to impose broad new sanctions on Russia. The meeting takes place against the backdrop ...

U.S. Stocks Waver Amid Data, Earnings

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Saumya Vaishampayan U.S. stock indexes were mixed in early trade Thursday amid a batch of corporate earnings and upbeat labor-market data. The Dow Jones Industrial Average rose 24 points, or 0.1%, to 17215. The S&P; 500 declined five points, ...

U.S. Jobless Claims Dropped to 265,000 in Jan. 24 Week

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Kate Davidson and Sarah Portlock WASHINGTON-The number of Americans filing new claims for jobless benefits plunged last week, easing concerns that momentum in the job market could be slowing early in the year. Initial jobless claims decreased by 43,000 ...

U.S. Jobless Claims Drop to 265,000

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

WASHINGTON-The number of Americans filing new claims for jobless benefits plunged last week, easing concerns that momentum in the job market could be slowing early in the year. Initial jobless claims decreased by 43,000 to a seasonally adjusted 265,000 in ...

ECB's Praet Upbeat on Money and Credit

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Todd Buell LUXEMBOURG--European Central Bank Executive Board member Peter Praet took an upbeat view toward recent economic data, saying that new numbers on credit and money supply represented "encouraging signs" and he saw things improving for the eurozone economy. ...

Brazil Unemployment Rate Falls Sharply in December

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

RIO DE JANEIRO--Brazil's official unemployment rate posted a sharp decline in December and tied the lowest number on record, thanks to temporary hiring for the holidays. Joblessness in six major metropolitan areas fell to 4.3% in the final month of ...

4Q GDP Growth Expected to be +3.2% -- Data Week Ahead

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

The following are forecasts for this week's remaining data from a survey compiled by the Wall Street Journal. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) Friday 0830 Real GDP (1st Read) 4Q +3.2% (28) +5.0% 0830 GDP Prices (1st Read) ...

EU Set to Extend Targeted Sanctions on Russia

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Naftali Bendavid And Laurence Norman BRUSSELS--European Union foreign ministers were set Thursday to extend targeted sanctions on Russia for six months in response to renewed attacks in eastern Ukraine, stopping short of broader measures against the Russian economy. But ...

Denmark Cuts Deposit Rate Again -- Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Charles Duxbury STOCKHOLM--Denmark's central bank cut its deposit rate deeper into negative territory on Thursday as it sought to defend its long-established currency peg against a weakening euro. Nationalbanken said it was lowering its deposit rate to minus 0.5% ...

France's Marine Le Pen to Take 30% of Vote, Poll Shows

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By William Horobin PARIS--France's Marine Le Pen would take the largest share of the vote in the first round of presidential elections, a survey showed on Thursday, underscoring the strength of her far-right Front National party despite recent improvements in ...

Yellen Tells Senate Democrats U.S. Economy is Strong

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Michael Crittenden And Ben Leubsdorf WASHINGTON--An upbeat Janet Yellen at a private luncheon on Thursday told Senate Democrats the U.S. economy is strong. Ms. Yellen conveyed that "things are going well" for the economy, unemployment is low, but some ...

Time Warner Cable Gains Subscribers, but Costs Rise

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Shalini Ramachandran And Michael Calia Time Warner Cable Inc., long considered a cable-industry laggard, reported its best residential-customer growth in several years in the fourth quarter, but higher costs tempered profits. The company said it added 54,000 residential customers ...

Dollar Rises Against Euro on Fed Minutes

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By James Ramage The dollar strengthened against the euro on Wednesday after the Federal Reserve's policy-making committee signaled it would keep interest rates near zero at least until June. The Federal Open Market Committee reiterated its pledge to take a ...

GOP Split on Obama Request for More Defense Spending--Update

TODAY: Jan. 29, 2015 PUB DATE: Jan. 29, 2015

By Kristina Peterson and Julian E. Barnes WASHINGTON--President Barack Obama will send Congress a fiscal year 2016 budget next week proposing both military and domestic spending at levels surpassing the limits lawmakers agreed to in a hard-fought 2011 deal. After ...